ES & NQ Review for March 24, 2025

Above is the NQ 250 tick, price broke the range from last Thursday, retested it and continued lower in the overnight session. Price formed a downtrend, which then broke and made 2 attempts at a new low, which led to a reversal/fade attempt, which had a strong failure, leading to a full on downtrend day. When price broke the OVL, (after the initial 2 breaks) and really took off lower, this would be a good spot for a F2EL for a short entry. Price was extremely bearish at this point, but it was so bearish it couldn't offer us a couple legs back to get in on the move.

Above is the 1000 tick chart for the NQ. 3 days ago price was in that large uptrend. Price got a break, then 2 very clear and perfectly measured attempts at a new high. Price failed to make a new high, holding on the MM and continuing lower, making the wider downtrend more clear.

In today's overnight session, price made a sharp spike down, then for the rest of today, made 2 legs to a new low, where it just reached the downMM level a few minutes ago. Price is likely to reverse here, but due to the large multiday downtrend, I'm not buying right on the MM here, and will wait for confirmation, (although I'm done trading for today).

Hi everybody I hope you've had a great trading day. Today was a very bearish day. Basically just looking for short on the way down. For both markets, price was forming a sharp break. Even though price was breaking a wide uptrend, we still have to stick with what price is doing in the moment. A large uptrend break from a multiday trend can last multiple days itself, so we have to use the selling pressure from the break to our advantage, until price starts clear making a new high attempt.

In today's blog we're going to be going over the ES.

Price was in a clear downtrend in the previous day. In the overnight session price broke the downtrend, made a couple attempts at a new low, which failed making a much larger 2 legged break. Price made a few more new low attempts but ended up breaking the OVH and taking off.